Best Books for Investors – What do investors read?

There is a lot of financial information around us, but some of the best investment thoughts can still be found in good and proven books..

This list of the best investment works of all time, includes all approaches to the financial world. If you can, buy all these books for investors and see which investment strategy is best for you..

1. Reasonable investor. A complete guide to value investing. (Benjamin Graham)

• Investment Focus: Value Investment
• Where can I buy: Ozon.ru

The bestseller of business literature was published back in 1949. The author of the book is Benjamin Graham – the world famous American economist and father of value investing. Many of Graham’s followers and admirers point out that Reasonable Investor is the best book about money and how to make money..

The book itself, defined by genre as a financial essay, consists of 20 chapters. The author himself claims that the work was created to help unprofessional investors. The creators of the preface add that the approach described by Graham is based on the emotional control of a person to financial processes and the search for shares of undervalued companies.

Here are some of the topics covered in Reasonable Investor:

– Principles of portfolio policy;
– The connection between inflation and profit and methods of protection against its consequences;
– The history of the stock market;
– The ratio of bonds and shares;
– Description of all types of securities;
– Risks and unwanted actions of the investor;
– Timing work;
– Activities in accordance with market fluctuations;
– Investment funds and consultants.

2. The richest man in Babylon. (George Clayson)

• Investment Focus: Personal Finance
• Where can I buy: Ozon.ru

The list of books for investors and those who want to be financially literate will definitely not do without this. George Samuel Clayson was born in the second half of the 19th century, served in the army and founded his own cartographic company. In 1926, he released a series of stories about financial success, using the plots of Ancient Babylon as the basis of the book. The work very quickly spread to banks and insurance companies, and today it is considered to be a classic of financial literature..

The popularity of the book is largely due to the use of ancient and almost secret knowledge, because another 3 thousand years BC. e. people knew how to be rich and increased their treasures. The main line of the book is the dialogue parables formulated during the communication of the richest inhabitant of Babylon – Arcade – with ordinary citizens.

The hero reveals 7 rules of enrichment and 5 laws of wealth. Worldly wisdom, described in an accessible language, is trying to convey to readers of the book that you can get the right amount of money, regardless of the place and time of your birth.

3. A random walk on Wall Street (Burton Malkil)

• Investment Focus: Effective Market Theory
• Where can I buy: Ozon.ru

This book was published back in 1972 and managed to become an investment classic. It describes in a simple language how an investor works with the main tools for increasing his capital. The work criticizes many misconceptions about the stock market and parses specific cases, including world-famous financial scams..

The idea of ​​the book is simple – buying stocks of companies is more profitable than buying individual stocks yourself or going to special funds. In newer editions, the author seeks to expand the analysis of the basic theses on the collection of investment portfolios. Mostly Malkil dissects the judgment that targeted personal actions can defeat market trends.

4. Memoirs of a stock market speculator. (Edwin Lefebvre)

• Investment Focus: Trader Biography / Behavioral Finance
• Where can I buy: Ozon.ru

Books for investors must include this work. For the first time, the author presented a biography of Jesse Livermore in 1923. As a work of art, the book managed to become a leader in financial literature through a detailed description of real Wall Street practices..

In “Memoirs,” Lefebvre presents the typical thinking style of an exchange trader, his possible career mistakes and their outcomes. Interestingly, the author himself never worked at the exchange, but was only a writer, journalist and columnist in a newspaper. The book itself perfectly reveals the psychology of investing, the mechanisms of market demand and generally the behavior of the crowd.

5. Essays on investment, corporate finance and company management. (Warren Buffett and Lawrence Cunningham)

• Investment Focus: Philosophy of Investment and Management
• Where can I buy: Ozon.ru

Warren Buffett is one of the richest people in history who has shown millions a reference investment approach. In a book published in 1997, Warren’s letters for several decades addressed to shareholders of the Berkshire Hathaway corporation are presented in an orderly and accessible manner. The work reflects the entire financial philosophy of the author, and the language of the narrative is light and concise. Here are collected numerous aphorisms about the nature of investments and the specifics of the business.

The Investment Essay is aimed at both investors and students and teachers of an economic profile. The author discusses the valuation of enterprises, business relations and the use of financial information. All of Buffett’s works are united by one thought – investments are required to adhere to the rules of a fundamental study of the economic work of companies. Based on this theory, Warren Buffett parses issues of accounting, mergers, management, etc..

Thus, essays will be useful to anyone who wants to understand management and investing..

6. Rich Dad, Poor Dad (Robert Kiyosaki)

• Investment Focus: Creating Wealth
• Where can I buy: Ozon.ru

What books are the foundation for investors, especially beginners? Of course, “Rich Dad, Poor Dad.” Robert Kiosaki is a cult American businessman and author, known for hosting business seminars around the world. His book “Rich Dad, Poor Dad” was published in 1997 and was created in conjunction with Sharon Lecter. The plot style of the work is a set of supposedly ancient parables developed on the basis of the real facts of Kiyosaki’s life..

Robert’s bestseller is still sold in over a hundred countries in millions of copies. The book is based on the principles of financial responsibility, which help entrepreneurs to succeed. Kiyosaki pays special attention to competent education, investment in assets and real estate, financial independence and the so-called financial IQ to improve business skills..

7. Replay Wall Street (Peter Lynch)

• Investment Focus: Equity Collection
• Where can I buy: Ozon.ru

The book of the American financier and investor was published only in the 2000s, but has already managed to pass a test for effectiveness. Lynch led the Magellan Investment Fund, which, under his management, became the largest in the world. In the book “Replay Wall Street,” the author shares his own experience, the rules that helped him make the right decisions in investing.

He pays attention to:
– Knowledge of the company and the industries in which investments are made;
– Specific ideas about the reasons for investing in various fields;
– Search for growing companies not found by professionals;
– Patience and intelligence for working with stocks and mutual funds.

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